Dollar Income Tax Expense vs Net Income Analysis

0IC8 Stock   72.54  0.20  0.28%   
Dollar Tree financial indicator trend analysis is much more than just examining Dollar Tree latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar Tree is a good investment. Please check the relationship between Dollar Tree Income Tax Expense and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dollar Stock please use our How to Invest in Dollar Tree guide.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dollar Tree Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dollar Tree's Income Tax Expense and Net Income is 0.91. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Dollar Tree, assuming nothing else is changed. The correlation between historical values of Dollar Tree's Income Tax Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Dollar Tree are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Dollar Tree's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dollar Tree financial statement analysis. It represents the amount of money remaining after all of Dollar Tree operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Dollar Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar Tree current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dollar Stock please use our How to Invest in Dollar Tree guide.Selling General Administrative is likely to drop to about 55 M in 2024. Tax Provision is likely to drop to about 309.8 M in 2024
 2010 2014 2020 2024 (projected)
Interest Expense15.4M162.1M106.8M1M
Depreciation And Amortization190.5M634.8M841M71.6M

Dollar Tree fundamental ratios Correlations

1.0-0.930.991.01.01.00.880.940.971.0-0.440.960.83-0.271.00.960.620.531.00.961.00.920.630.770.37
1.0-0.960.970.990.981.00.840.910.941.0-0.490.930.84-0.251.00.930.550.61.00.931.00.950.650.820.34
-0.93-0.96-0.86-0.92-0.9-0.96-0.67-0.77-0.83-0.960.68-0.82-0.890.09-0.96-0.8-0.31-0.79-0.94-0.8-0.95-1.0-0.64-0.94-0.25
0.990.97-0.860.991.00.970.950.990.990.97-0.320.980.78-0.330.970.990.740.380.980.990.970.840.590.660.41
1.00.99-0.920.991.00.990.90.960.980.99-0.420.970.83-0.270.990.970.650.491.00.970.990.90.610.740.39
1.00.98-0.91.01.00.980.920.970.990.99-0.380.980.81-0.290.980.980.690.450.990.980.990.880.590.710.4
1.01.0-0.960.970.990.980.840.910.941.0-0.490.930.84-0.251.00.930.540.611.00.931.00.950.660.830.33
0.880.84-0.670.950.90.920.840.990.970.85-0.10.960.64-0.360.840.980.910.070.880.980.860.630.420.390.49
0.940.91-0.770.990.960.970.910.990.990.92-0.170.980.69-0.40.911.00.840.220.941.00.920.740.540.530.44
0.970.94-0.830.990.980.990.940.970.990.94-0.321.00.8-0.250.940.990.790.310.960.990.950.790.480.590.47
1.01.0-0.960.970.990.991.00.850.920.94-0.490.930.84-0.251.00.940.560.61.00.931.00.950.650.820.34
-0.44-0.490.68-0.32-0.42-0.38-0.49-0.1-0.17-0.32-0.49-0.36-0.82-0.64-0.49-0.220.25-0.79-0.44-0.23-0.5-0.67-0.01-0.72-0.15
0.960.93-0.820.980.970.980.930.960.981.00.93-0.360.82-0.190.930.980.780.30.950.980.950.790.420.580.49
0.830.84-0.890.780.830.810.840.640.690.80.84-0.820.820.310.840.720.330.620.830.720.860.860.210.750.41
-0.27-0.250.09-0.33-0.27-0.29-0.25-0.36-0.4-0.25-0.25-0.64-0.190.31-0.25-0.37-0.420.1-0.28-0.36-0.22-0.12-0.75-0.080.11
1.01.0-0.960.970.990.981.00.840.910.941.0-0.490.930.84-0.250.930.550.61.00.931.00.950.660.830.33
0.960.93-0.80.990.970.980.930.981.00.990.94-0.220.980.72-0.370.930.810.270.961.00.940.770.550.570.43
0.620.55-0.310.740.650.690.540.910.840.790.560.250.780.33-0.420.550.81-0.340.60.820.580.260.19-0.010.48
0.530.6-0.790.380.490.450.610.070.220.310.6-0.790.30.620.10.60.27-0.340.550.270.570.820.570.94-0.09
1.01.0-0.940.981.00.991.00.880.940.961.0-0.440.950.83-0.281.00.960.60.550.951.00.930.650.790.36
0.960.93-0.80.990.970.980.930.981.00.990.93-0.230.980.72-0.360.931.00.820.270.950.940.770.540.570.44
1.01.0-0.950.970.990.991.00.860.920.951.0-0.50.950.86-0.221.00.940.580.571.00.940.940.620.80.36
0.920.95-1.00.840.90.880.950.630.740.790.95-0.670.790.86-0.120.950.770.260.820.930.770.940.680.960.21
0.630.65-0.640.590.610.590.660.420.540.480.65-0.010.420.21-0.750.660.550.190.570.650.540.620.680.7-0.11
0.770.82-0.940.660.740.710.830.390.530.590.82-0.720.580.75-0.080.830.57-0.010.940.790.570.80.960.70.06
0.370.34-0.250.410.390.40.330.490.440.470.34-0.150.490.410.110.330.430.48-0.090.360.440.360.21-0.110.06
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Dollar Tree Account Relationship Matchups

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When running Dollar Tree's price analysis, check to measure Dollar Tree's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dollar Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to predict the probability of Dollar Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.